PEEKSKILL - The Central Market Building in Peekskill is still standing after a three-alarm fire ripped through the historic structure Sunday morning.

Firefighters say the fire started at around 2 a.m. Sunday in a dumpster behind the 176-year-old building, which is currently undergoing renovations for commercial use. The flames then spread through the building's heating and air conditioning system.

Peekskill Fire Chief Robert Fiorio says no one was injured or displaced. Even though the construction schedule has been delayed and the building suffered smoke and water damage, Fiorio says the outcome could have been much worse.

The cause of the fire has been ruled accidental.